Prysma is Connecticut’s #1 trusted lender for Non-Conventional Loans. We are here to make home ownership affordable throughout Connecticut, New York, Massachusetts and Florida.
We specialize in Non-Conventional loans and lending solutions for homeowners who want to buy their primary residence, second home, or rental property.
We understand that finding the right type of home loan can be a frustrating process, but we are here to make sure the buying process runs smoothly
Fill out our form or call today to learn which Non-Conventional loan is right for you. (888) 743-9985
Your Non-Conventional loan options
FHA Loans
FHA loans are loans insured by the federal government and they’re great for first time home buyers looking for low down payments, closing costs.
VA Loans
Loans for veterans and active military members. Normally, VA loans do not require a down payment.
The 4 SIMPLE STEPS TO HOMEOWNERSHIP
Prysma is here to help you through the home buying process whether this is your first house or you are relocating to a new area. Here is the simple 4-Step process to owning your own home.
Pre-Qualification
You speak with one of Prysma’s l icensed Mortgage Loan Originators to get pre-qualified for a loan up to a certain amount. This amount helps you determine the price range for the home that is right for you. Our loan specialists will take the time to answer all of the questions you have to help you choose the best loan option for your needs .
Find Your Home & Make an Offer
After pre-qualification you can begin shopping for your home. When looking at different home options, make sure to consider all the different factors including price, location and safety of the neighborhood. After you choose the property you can make an offer and negotiate with the seller on the final sales price.
Loan Application
After your home is chosen for the loan and a sales price is determined, you will revisit with Prysma’s Mortgage Loan Originator. Then you’ll be able to apply and secure the perfect loan for your new home. Your dedicated loan specialist will personally guide you through each step of the loan process.
closing & Moving in
Once your offer has been accepted and you have been approved for your mortgage, you can prepare for closing and move into your new home!
Why Borrowers Choose PRYSMA for Non-Conventional Home Loans
Prysma Lending went above and beyond to help me with my loan. It’s hard to rely on a good lender now a days, with all the big corporate banks out there. Prysma provided me with Amazing service. I have been using them for over 10 years and couldn’t be happier.
Highly recommend Prysma! They were very professional and went above and beyond my expectations! They kept me informed and answered all my questions. A special thanks for Debora and Mark for their effort, even during their vacation they worked and made my closing happened.
– M. Breda
Prysma cares about their clients and works hard to demonstrate that with each closing!
what is a Non-Conventional loan?
Non-Conventional loans, sometimes called unconventional, are often recommended for individuals with a lower income, bankruptcy, or insufficient cash resources. Non-conventional loans are also good loan options for specific groups, like active military or veterans.
In the event that you do not qualify for a Non-Conventional loan, an Non-Conventional loan could be an option for you.
types of Non-Conventional Loans
FHA Loan
Compared to a conventional loan, a FHA loan has fewer credit requirements. Borrowers can even put down less than 20% when purchasing this type of non-conventional loan. You will be required to pay a mortgage insurance premium (MIP).